Following a strategic review, Mineral Resources has decided to place its Bald Hill lithium mine in the Goldfields region of Western Australia on care and maintenance due to market conditions.
“Placing Bald Hill on care and maintenance is a prudent decision but one not made lightly. The decision aligns with the work we have done across the company in recent months to reduce costs,” said Managing Direct Chris Ellison, noting that operations will recommence once lithium prices improve.
Mining and mobile maintenance operations ceased on 13 November, with the spodumene concentrate plant and accommodation village to close by early December. A team of 10 employees will remain on site to coordinate production ramp-down and care and maintenance activities.
The miner said that it would continue to optimise mine plans, scale and operating structure ahead of any future restart.
Bald Hill is located approximately 50 kilometres southeast of Kambalda.
Source: Mineral Resources